Bitcoin or gold?

[raaajlucky]

Bitcoin, I know it has it's ups and downs but if I had to put bitcoin away for 10 years,

I believe that I would make some nice profits out of those bitcoins.

No one knows whether bitcoins will be there after 10 years so it is better to watch out on your investments regularly for selling opportunity.

[MatTheCat]

I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math.

Fuck me!?

I will worry about Mars Mining Corp flooding the market with Martian gold a bit later perhaps.

And who thinks gold always goes up? Gold has been a rotten investment for the past 5 years (I should know, I have been holding), but now surely must be finding it's bottom.

[raaajlucky]

For long term investment purpose I will surely go with gold because surely gold prices will go up over the time but its prices moves very slow. And also I buy BTC but not for long term because btc do not have any solid foundation that high prices may survive for long term so I usually buy at low and sell when I make some profits. Btc is good for making profits from trading instead invest and wait for long time.

That is good think to go with gold for long term investments because btc price no one can predict what will happen after few years.

So do you think gold price will up and never goes down, two year ago gold is coming strong and this years gold price drop 30-40%. i think still better bitcoin, you can take benefit because market is fast and active

I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math.

Very good imagination. Never think in this way so you never buy gold until Mars Gold Come to market st cheap price.

[neurotypical]

For long term investment purpose I will surely go with gold because surely gold prices will go up over the time but its prices moves very slow. And also I buy BTC but not for long term because btc do not have any solid foundation that high prices may survive for long term so I usually buy at low and sell when I make some profits. Btc is good for making profits from trading instead invest and wait for long time.

That is good think to go with gold for long term investments because btc price no one can predict what will happen after few years.

So do you think gold price will up and never goes down, two year ago gold is coming strong and this years gold price drop 30-40%. i think still better bitcoin, you can take benefit because market is fast and active

I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math.

Very good imagination. Never think in this way so you never buy gold until Mars Gold Come to market st cheap price.

You don't actually need to go to mars.. every X years we find new gold. People say "oh we are near exceeding earth's gold supply capacity", then we eventually find more and more gold... Bitcoin is the only thing that is exciting enough to invest long term knowing you can become really rich from it because it's not properly valued and understood by the masses yet. Gold is a boring asset to hold.

[markj113]

Its not the fact of finding gold, its how easy and economical it is to access that gold.

A big gold bar is a lot more fun to hold than a few digital characters on a wallet (I know from experience )

[RealBitcoin]

Its not the fact of finding gold, its how easy and economical it is to access that gold.

A big gold bar is a lot more fun to hold than a few digital characters on a wallet (I know from experience )

Its easier to get bitcoin than gold. And it's cheaper too.


You can only buy gold from vendors, but you can earn bitcoins by many many methods:
https://bitcointalk.org/index.php?topic=1244332.0


Its far more likely, that the average person will get bitcoin than gold, if he has enough knowledge of the internet.

[markj113]

Its not the fact of finding gold, its how easy and economical it is to access that gold.

A big gold bar is a lot more fun to hold than a few digital characters on a wallet (I know from experience )

Its easier to get bitcoin than gold. And it's cheaper too.


You can only buy gold from vendors, but you can earn bitcoins by many many methods:
https://bitcointalk.org/index.php?topic=1244332.0


Its far more likely, that the average person will get bitcoin than gold, if he has enough knowledge of the internet.

1) Cost is relative, you can get gold with a $10 pan.  To earn a decent amount of bitcoin you now need to invest a significant amount of cash in to ASIC hardware and hope you have access to cheap power ot trust a hosting company.

2) Its far more likely the average person has gold than bitcoin - wedding rings + other jewellery.

[Dr.Osh]

I chose bitcoin, because storing gold is quite troublesome, and very inconvenient to carry out transactions, while bitcoin is simple 

[RealBitcoin]

1) Cost is relative, you can get gold with a $10 pan.  To earn a decent amount of bitcoin you now need to invest a significant amount of cash in to ASIC hardware and hope you have access to cheap power ot trust a hosting company.

2) Its far more likely the average person has gold than bitcoin - wedding rings + other jewellery.

1) Yea sure I have a gold mine in my back yard. BRB i`m going to grab a pickaxe and mine me some gold.

2) It is likely that they have gold, but its unlikely that they can earn gold


I dont see a single online job or money earning method that pays in gold. There is only fiat and bitcoin earning methods.

[Icathia]

Well in this forum they will chose Bitcoin

Both I like both so yeah doesn't matter for me.

[RobinHoodster]

I am am RobinHood I gofor gold. Nah I 100% choose for Bitcoin.

Is so nice it Bitcoin. Transaction is so cheap

[thejaytiesto]

For long term investment purpose I will surely go with gold because surely gold prices will go up over the time but its prices moves very slow. And also I buy BTC but not for long term because btc do not have any solid foundation that high prices may survive for long term so I usually buy at low and sell when I make some profits. Btc is good for making profits from trading instead invest and wait for long time.

That is good think to go with gold for long term investments because btc price no one can predict what will happen after few years.

So do you think gold price will up and never goes down, two year ago gold is coming strong and this years gold price drop 30-40%. i think still better bitcoin, you can take benefit because market is fast and active

I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math.

Very good imagination. Never think in this way so you never buy gold until Mars Gold Come to market st cheap price.

You don't actually need to go to mars.. every X years we find new gold. People say "oh we are near exceeding earth's gold supply capacity", then we eventually find more and more gold... Bitcoin is the only thing that is exciting enough to invest long term knowing you can become really rich from it because it's not properly valued and understood by the masses yet. Gold is a boring asset to hold.

It's similar to oil. There are periods in time where there is a fear forming about the oil deposits running out and people think oil is over, but then we find out more. Planet earth is big don't forget that.. supply is bigger than we think. Of course, I still think nontheless that oil is doomed, it's a fools game. The future is electronic and this includes Bitcoin.

[markj113]

For long term investment purpose I will surely go with gold because surely gold prices will go up over the time but its prices moves very slow. And also I buy BTC but not for long term because btc do not have any solid foundation that high prices may survive for long term so I usually buy at low and sell when I make some profits. Btc is good for making profits from trading instead invest and wait for long time.

That is good think to go with gold for long term investments because btc price no one can predict what will happen after few years.

So do you think gold price will up and never goes down, two year ago gold is coming strong and this years gold price drop 30-40%. i think still better bitcoin, you can take benefit because market is fast and active

I think people that think gold only goes up is delusional. The gold supply is not as scarce as people think.. and when technology increases, when we start sending mining machines into other planets and asteroids, we may discover a place that's full of gold. When that happens, a crash is guaranteed, because of bigger supply. On the other hand, Bitcoin will never suffer from that because it's just math.

Very good imagination. Never think in this way so you never buy gold until Mars Gold Come to market st cheap price.

You don't actually need to go to mars.. every X years we find new gold. People say "oh we are near exceeding earth's gold supply capacity", then we eventually find more and more gold... Bitcoin is the only thing that is exciting enough to invest long term knowing you can become really rich from it because it's not properly valued and understood by the masses yet. Gold is a boring asset to hold.

It's similar to oil. There are periods in time where there is a fear forming about the oil deposits running out and people think oil is over, but then we find out more. Planet earth is big don't forget that.. supply is bigger than we think. Of course, I still think nontheless that oil is doomed, it's a fools game. The future is electronic and this includes Bitcoin.

So where do you think the plastics come from on your electronic devices, what fuel is used to mine the materials used in your electronic devices, what fuels the power plants used to power your electronic devices.

[RealBitcoin]

So where do you think the plastics come from on your electronic devices, what fuel is used to mine the materials used in your electronic devices, what fuels the power plants used to power your electronic devices.

Synthetic oil plants?

They could breakdown any organic stuff into materials from which you can use plastic. I`m not sure how evolved this technology is, but in 15-30 years it might happen.

Blockchain tech is definitely the future (not just BTC)

[trinaldao]

Well in this forum they will chose Bitcoin

Both I like both so yeah doesn't matter for me.

so you will choose gold at Goldforum   

any way "Gold and bitcoin are both worth what people think they are worth.".

if people not interesting bitcoin and gold is nothing

[LuckyYOU]

I choose gold in like... every scenario.

It is the most stable currency and suppose paper money or a country goes bankrupt, I will buy stuff with my gold

[AndySt]

I choose gold too. At this point in time and with the current prices I'm betting on gold because behind them are thousands of years of use.

[mouneshwar123]

Thats a good question. To be in safer side I will invest 50 - 50 in Bitcoin and Gold.

[GODLIKE]

Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.

LOL you are going to regret this post

[Djisamsoe]

Thats a good question. To be in safer side I will invest 50 - 50 in Bitcoin and Gold.

And this is the best move.  +1

Everyone should to know, to not invest only in one thing. It is safest to distribute investments in a few things.